A large investor recently incurred substantial losses after selling off 5.049 million VIRTUAL tokens, estimated at $2.28 million. This marks the second time this investor has faced significant losses with the cryptocurrency, totaling $8.4 million in total. Notably, the investor had previously purchased 5.038 million VIRTUAL tokens for $13.91 million at a price of $2.76 per token in January. By early February, these tokens were sold at $1.76 each, leading to a $5.02 million loss. Undeterred, the investor invested again in 5.049 million VIRTUAL tokens at the end of February for $5.66 million, valued at $1.12 per token. However, these tokens were subsequently sold off just six hours ago at $0.45 each, resulting in a further loss of $3.38 million.